AUD/JPY – 30M – BUYThe pair breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance at 101.53700 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 100.25600 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 101.68600 |
| Next High | 101.53700 |
| Current Price | 101.72500 |
| Next Low | 100.25600 |
| 2nd Low | 100.02300 |
| 3rd Low | 100.00500 |